Deputy Chief Minister Mukesh Agnihotri Warns Against Crypto Fraud

• Appeals to people not to invest in unregulated crypto currency market
• Says the Kingpins of crypto fraud won’t be spared
• Reveals that over 300 complaints of crypto fraud have been received by the police
• Says action is being taken against the criminals under the Banning of Unregulated Deposits Schemes (BUDS) Act, 2019

The Deputy Chief Minister, Mukesh Agnihotri, has warned people against investing in the unregulated crypto currency market and has appealed to them not to fall prey to Ponzi schemes tempting quick returns. He also said that the Kingpins of crypto fraud won’t be spared and that the police are taking action against them under the Banning of Unregulated Deposits Schemes (BUDS) Act, 2019.

The article also mentions that the Himachal Police has cracked the crypto network and made several arrests, including the culprits Hemraj and Sukhdev, both from Mandi, Arun Guleria and Abhishekh from Una. The other scammer, Subhash Sharma from Sarkaghat in Mandi district, is still at large but is expected to be arrested soon.

The article also states that the police have reconstructed the website involved in the crypto scam, which had almost 2.5 lakh different IDs. The police have also seized property worth 8.5 crore so far at various places in Himachal and Zirakpur.

The article concludes by saying that the Himachal Pradesh government is taking the issue of crypto fraud seriously and is committed to protecting the interests of investors.